Key stats
Trading activity
Transactions 105
BuysSells
5847
Volume 170.51 KUSD
Buys volumeSells volume
109 K61.51 K
Traders 63
BuyersSellers
3528
✴️ Nexo Consolidation Triangle (100%+ Potential Growth Possible)I see this growing... Here we can see Nexo trading near support with a bullish RSI, reading 50.
The MACD is about to cross to the bullish side and we have this consolidation triangle that has been holding a base for long.
NEXOUSD is moving above the triangle trying to get out of a bearish trend.
NEXO token - Great company, good token to invest, but not nowNot complaining about Nexo
I'm using their service since 2019 and loving what they provide !
They will probably become leader in the crypto borrowing niche in a very near futur.
They did well through the liquidity crisis of this bear market, so I believe in them.
About investing in this token, her
NEXOUSD Buy but limitedNEXOUSD hit both the MA50 (1d) and MA200 (1d) today.
The long term pattern is a Triangle that is limited by a Falling Resistance.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 0.8500 (Falling Resistance and +53.50% move).
Tips:
1. The RSI (1d) is still only 60.00, indicating that
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Nexo and EMAs to watch$nexo #nexo stuck at 200EMA on H4. Found support at the 50 EMA after it had been acting as resistance.
Want to break through 200 EMA and not lose the 50 EMA otherwise retest of local lows in sights.
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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to
Nexo ATH SoonNexo is one of my biggest Alt bags. I believe in this company long term, and I am seeing a nice long trade set up here so I thought I would share.
EMA ribbon and both Super Trends flipped bullish on H12. RSI and OBV both in up trend.
Short term, I see a move to 2.91 very likely after rounding out
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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